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Url:http://www.nakedcapitalism.com/
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Language:English
Tags:Links, Investment banks, Banking industry
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Popularity:15 Followers

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Will big banks now free of TARP’s shackles reach for yield?
By Edward Harrison of Credit Writedowns.When I read Yves Smith’s recent comments on Bank of America’s repayment of its TARP funds, I couldn’t help but think of a post I wrote six ...more
2009-12-04
Links 12/4/09
That musty smell may be the key to preserving old books Los Angeles Time (hat tip reader DoctoRx)Occupied Paris: The Sweet and the Cruel Ian Buruma, New York Review of BooksThe Bad Ben Bernanke Bet...more
2009-12-04
The China Decoupling Myth?
One of the motherhood and apple pie items in econ-land is that the world needs global rebalancing, which is code for China has to stop being a mercantilist and currency manipulator, and the US has ...more
2009-12-04
Is Repaying TARP Good for Bank of America (and Taxpayers?)
The Bank of America stock offering, which will be used to repay the TARP, went off well, so surely this means the Charlotte bank is on the mend and its finances are sound, right?Chris Whalen, who i...more
2009-12-04
Republican on Senate Banking Committee to Place Hold on Bernanke Confirmation
It’s one thing for Bernie Sanders, who is an independent in more ways than one, to put a hold on Bernanke’s confirmation (a threat to filibuster, which if executed, will at a minimum wi...more
2009-12-03
Links 12/3/09
Dear patient readers,Thin/no posts from me for next 24 hours plus. Meetings, packing, and flying on the agenda.Big Freeze: Earth Could Plunge into Sudden Ice Age Live Science (hat tip reader John D...more
2009-12-03
“Administration Considering Additional Subsidies and Tax Breaks”
By Augustus Melmotte, who lives and works in Hedgistan.The administration is examining strategies for encouraging the ownership of fluffy kittens. “I think we can all agree,” the president said, “...more
2009-12-02
Progress on “No on Bernanke,” Including Sanders Putting Hold on Confirmation
The efforts to block Bernanke’s confirmation are getting some traction.First, Bernie Sanders of Vermont said he is putting a hold on Bernanke’s confirmation. A hold (in lay terms) is a ...more
2009-12-02
AmTrust Financial bankruptcy a bad sign for regional banks
By Edward Harrison of Credit WritedownsAmTrust Financial, a privately held regional bank holding company based in Cleveland, has just filed for bankruptcy. With $11 billion in assets, AmTrust Bank ...more
2009-12-02
Most Senators “Have Fingers in the Wind” on Bernanke
This came via e-mail from a legitimate source:As a former staffer for one of these Senators [on the Banking Committee], I’ll just point out the obvious: most of them have their fingers in the...more
2009-12-02

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